Reduce stamp duty on MSME hypothecation and mortgage for bank loans
UnverifiedTo Reduce stamp duty to MSME for hypothecation and equitable mortgage for bank loans.
Indian National Congress · Karnataka Legislative Assembly Election 2023
Last updated 18 Jun 2026
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Help us verify“To offer Start up subsidy upto Rs 25 lakhs and soft loan upto Rs One crore at 6% interest.”
Promise to offer a start-up subsidy of up to Rs 25 lakh and a soft loan of up to Rs 1 crore at 6 percent interest. A directly matching scheme is not confirmed in approved sources (the 2024-29 textile/startup framework includes related but distinct instruments such as IPO-cost assistance). Status pending.
To Reduce stamp duty to MSME for hypothecation and equitable mortgage for bank loans.
To set up a Welfare Fund worth Rs 1,000 Crore to provide low-interest loans for small traders and shopkeepers to help revive key sectors of the local economy.
To create a Jean Capital of India in Bellary to boost exports to expand employments opportunities by creating an Apparel park by investing Rs 5000 Cr.

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